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Millenium Hospitality Real Estate Socimi (XMAD:YMHRE) Tangible Book per Share : €4.71 (As of Dec. 2024)


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What is Millenium Hospitality Real Estate Socimi Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Millenium Hospitality Real Estate Socimi's tangible book value per share for the quarter that ended in Dec. 2024 was €4.71.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Millenium Hospitality Real Estate Socimi Tangible Book per Share Historical Data

The historical data trend for Millenium Hospitality Real Estate Socimi's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Millenium Hospitality Real Estate Socimi Tangible Book per Share Chart

Millenium Hospitality Real Estate Socimi Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tangible Book per Share
Get a 7-Day Free Trial 5.30 4.85 4.66 4.63 4.71

Millenium Hospitality Real Estate Socimi Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.66 4.70 4.63 4.63 4.71

Competitive Comparison of Millenium Hospitality Real Estate Socimi's Tangible Book per Share

For the REIT - Hotel & Motel subindustry, Millenium Hospitality Real Estate Socimi's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Millenium Hospitality Real Estate Socimi's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Millenium Hospitality Real Estate Socimi's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Millenium Hospitality Real Estate Socimi's Price-to-Tangible-Book falls into.


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Millenium Hospitality Real Estate Socimi Tangible Book per Share Calculation

Millenium Hospitality Real Estate Socimi's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(545.496-0-1.01)/115.709
=4.71

Millenium Hospitality Real Estate Socimi's Tangible Book Value Per Share for the quarter that ended in Dec. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(545.496-0-1.01)/115.709
=4.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Millenium Hospitality Real Estate Socimi  (XMAD:YMHRE) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Millenium Hospitality Real Estate Socimi Tangible Book per Share Related Terms

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Millenium Hospitality Real Estate Socimi Business Description

Traded in Other Exchanges
N/A
Address
Paseo de la Castellana 102, 2nd floor, Madrid, ESP, 28046
Millenium Hospitality Real Estate Socimi SA is a real estate vehicle that specializes in developing and investing in hotels in excellent locations.

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